Press release
GCC Flooring Market 2022-2027 | Industry Trends, Share, Size, Growth and Forecast
Market Statistics:According to IMARC Group latest published report, titled "GCC Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," that the GCC flooring market size reached US$ 13.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 19.5 Billion by 2027, exhibiting a growth rate (CAGR) of 6.4% during 2022-2027.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
Flooring represents layers of hard or soft finished materials utilized to cover a floor structure in order to facilitate a leveled surface. They can be of numerous types, including tile flooring, stone flooring, wood and laminate flooring, carpet flooring, etc. These flooring materials are selected based on several aspects, such as cleaning effort, cost, endurance, noise insulation, etc. They aid in improving the look of interior space, provide better air quality, are easy to install, and ensure durability. As a result, flooring materials find widespread applications in residential and commercial establishments across GCC.
Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/gcc-flooring-market/requestsample
Covid-19 Scenario:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Competitive Scenario with Key Players:
The competitive landscape of the market has also been analyzed, with some of the key players being
RAK Ceramics PJSC
Jands Enterprise Inc DBA Carpetland
Kährs Holding AB (publ)
Swiss Hardwoods
Gerbür GmbH
Swiss Krono AG
Concord Terrazzo Company, Inc.
Ask Analyst for 10% free customized report: https://www.imarcgroup.com/gcc-flooring-market
GCC Flooring Market Trends:
The increasing number of refurbishment activities and new building projects, on account of the heightened participation of the private sector with a focus on sustainable economic growth, are primarily driving the GCC flooring market. In addition to this, the inflating investment undertaken by government bodies to promote massive industrial development is further stimulating the product demand. Apart from this, the rising concern about environmental pollution and the elevating construction of green buildings are acting as significant growth-inducing factors.
In line with this, the shifting preferences toward eco-friendly flooring products and the introduction of new variants of tiles from recycled raw materials by leading manufacturers are also positively influencing the market across the country. Moreover, the escalating research and development (R&D) activities and the growing technological advancements in the flooring industry that have resulted in enhanced product features, improved water resistance, an extensive variety of color availability, digitally printed tile designs, etc., are expected to propel the GCC flooring market over the forecasted period.
Related reports:
India Furniture Market: https://www.imarcgroup.com/india-furniture-market
Laminate Flooring Market: https://www.imarcgroup.com/laminate-flooring-market
India Textile Recycling Market: https://www.imarcgroup.com/india-textile-recycling-market
India Eyewear Market: https://www.imarcgroup.com/india-eyewear-market
India Electric Water Heater Market: https://www.imarcgroup.com/india-electric-water-heater-market
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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